Allstate’s price target was cut to $235 from $243 at Keefe Bruyette


https://www.tipranks.com/news/the-fly/allstate-price-target-lowered-to-235-from-243-at-keefe-bruyette

Keefe Bruyette analyst Meyer Shields downgraded the company target price at Allstate (EVERYONE) to $235 from $243 and maintains an outperform rating on the stock. The company notes that Allstate failed to disclose December and November catastrophe losses, which means catastrophe losses fall below its disclosure threshold of $150 million each month.

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